Gambling With Other People’s Money
978081792185
Từ nhà sách đầu tiên năm 1982, Nhà Sách Phương Nam đã trở thành hệ thống nhà sách uy t...
Gambling with Other People's Money: How Perverse Incentives Caused the Financial Crisis
What caused the Financial Crisis of 2008? While government mandates and private sector mistakes did contribute to the crisis and can be blamed at least in part for what happened, this book takes a different approach. Russ Roberts argues that the true underlying cause of the mess was the past bailouts of large financial institutions that allowed these institutions to gamble carelessly because they were effectively using other people's money.
The author warns that despite the passage of Dodd-Frank, it is widely believed that we have done nothing to eliminate 'Too Big to Fail.' That perception allows the largest financial institutions to continue to gamble with taxpayer money.
The author warns that despite the passage of Dodd-Frank, it is widely believed that we have done nothing to eliminate 'Too Big to Fail.' That perception allows the largest financial institutions to continue to gamble with taxpayer money.
Loại sản phẩm
Bìa mềm
Kích thước
13.9 x 1.0 x 21.5 cm
Số trang
112
Tác giả
- Russ Roberts
Nhà Xuất Bản
- Hoover Institution Press
ISBN 13
9780817921859
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